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Unformatted text preview: Contributions in 2012 Benefits paid retirees in 2012 (a) Using the data above, compute pension expense for Webb Items General Journal Entries Annual Pension Expense Balance, January 1, 2012 Service cost Interest cost Actual return Unexpected gain Amortization of PSC Liability increase Contributions Benefits Journal entry for 2012 Accum. OCI, Dec. 31, 2011 Balance, December 31, 2012 (b) Prepare the journal entry for pension expense for 2012. Description/Account Pension expense Other comprehensive income(G/L) Cash Pension asset/Liability Other comprehensive income (PSC)...
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This note was uploaded on 03/25/2012 for the course ACC 102 taught by Professor Benz during the Spring '12 term at CUNY Baruch.
- Spring '12